On July 4, BYD celebrated the inauguration of its Thailand plant
and the production of its 8 millionth new energy vehicle in Rayong,
Thailand, marking two milestones in the company's global expansion.
The ceremony was attended by Ms. Pimphattra Wichaikul, Thailand's
Minister of Industry; Mr. Han Zhiqiang, Chinese Ambassador to
Thailand; Mr. Narit Therdsteerasukdi, Secretary General of Thailand
Board of Investment; as well as Mr. Wang Chuanfu, Chairman and
President of BYD, among other senior executives of BYD Group.
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Ceremony of BYD Thailand Plant
Inauguration and Roll-off of BYD's 8 Millionth New Energy Vehicle
(Photo: Business Wire)
BYD completed its Thailand plant in just 16 months, with an
annual capacity of 150,000 vehicles. The facility encompasses
processes of stamping, painting, welding, final assembly, and
producing car components. It is projected to generate 10,000 jobs.
BYD marked a historic moment by unveiling the Dolphin model as the
8 millionth new energy vehicle.
Minister Pimphattra Wichaikul expressed high praise for BYD's
outstanding contributions to the new energy vehicle sector: "BYD is
a world-leading automobile manufacturer and a pioneer in China's
new energy vehicle industry. BYD's investment in Thailand, along
with its advanced production technology, will drive the development
of the new energy vehicle industry in Thailand and across
ASEAN"
Ambassador Han Zhiqiang highlighted the close ties and enduring
friendship between China and Thailand. He noted that BYD, an
outstanding representative of the global new energy vehicle
industry, has completed its Thailand plant and celebrated the
roll-off of its 8 millionth new energy vehicle. This milestone not
only marks a significant achievement for BYD but also a new chapter
in the mutually beneficial cooperation between China and Thailand
in the field of new energy vehicles.
At the event, Mr. Wang Chuanfu expressed gratitude to both
governments, Thai customers, and partners for their strong support.
He emphasized BYD's success in the Thai market, becoming the pure
electric vehicle sales champion for eighteen months within the past
two years. Currently, one in every three electric vehicles sold in
Thailand is a BYD. Going forward, BYD aims to launch more pure
electric and plug-in hybrid models in Thailand.
As the global leader in new energy vehicles, BYD has
significantly expanded its overseas presence in recent years. In
2023, it achieved a 337% year-on-year increase in exports, reaching
243,000 vehicles. In the first half of this year, BYD sold 1.607
million new energy vehicles globally, a 28% year-on-year increase,
securing its position as the largest in the industry. Of these,
over 203,000 were exported, showing a 173.8% year-on-year growth.
As of now, BYD's new energy vehicles are present in 88 countries
and regions worldwide, with passenger car production bases
established in Thailand, Brazil, Hungary, and Uzbekistan.
Since achieving the roll-off of its 1 millionth new energy
vehicle in May 2021, BYD has reached the impressive milestone of 8
millionth vehicles in just over three years. Looking forward, BYD
will continue to expand its global market presence, leveraging its
advanced technology and innovative products to meet the diverse
needs of consumers worldwide. As more overseas factories come into
operation, BYD's global production capacity will progressively
strengthen, further solidifying its leading position in the global
new energy vehicle market.
About BYD
BYD is a multinational high-tech company devoted to leveraging
technological innovations for a better life. Founded in 1995 as a
rechargeable battery maker, BYD now boasts a diverse business scope
covering automobiles, rail transit, new energy, and electronics,
with over 30 industrial parks in China, the United States, Canada,
Japan, Brazil, Hungary, and India. From energy generation and
storage to its applications, BYD is dedicated to providing
zero-emission energy solutions that reduce global reliance on
fossil fuels. Its new energy vehicle footprint now covers 6
continents, over 70 countries and regions, and more than 400
cities. Listed in both Hong Kong and Shenzhen Stock Exchanges, the
company is known to be a Fortune Global 500 enterprise that
furnishes innovations in pursuit of a greener world.
About BYD Auto
Founded in 2003, BYD Auto is the automotive subsidiary of BYD, a
multinational high-tech company devoted to leveraging technological
innovations for a better life. Aiming to accelerate the green
transition of the global transportation sector, BYD Auto focuses on
developing pure electric and plug-in hybrid vehicles. The company
has mastered the core technologies of the entire industrial chain
of new energy vehicles, such as batteries, electric motors, and
electronic controllers. It has witnessed in recent years
significant technological advancements, including the Blade
Battery, DM-i Super Hybrid Technology, e Platform 3.0, CTB
Technology, e⁴ Platform, BYD DiSus Intelligent Body Control System,
and DMO super hybrid system. The company is the world's first
carmaker to stop the production of fossil-fueled vehicles on the EV
shift and has remained top of new energy passenger vehicle sales in
China for 11 years in a row.
For more information, please visit www.byd.com.
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